### Forbes - Inside The Ransomware Attack That Shut Down MGM Resorts [Article Link](https://www.forbes.com/sites/suzannerowankelleher/2023/09/13/ransomware-attack-mgm-resorts/?sh=3db6d84d5f38) - ALPHV/BlackCat claims responsibility - Damages included most electronic systems - "wreaked havoc on MGM’s operations, forcing guests to wait hours to check in and crippling electronic payments, digital key cards, slot machines, ATMs and paid parking systems." - Social engineering attack using an MGM IT personnel identity found on LinkedIn - The attack took about 10 minutes to execute - Likely a ransomware attack due to "the high visibility of the disruption." - Estimated that the properties effected bring in $13 million daily - The article was written more than 60 hours after the attack, with systems still down at the time of publishing. ### Reuters - MGM Resorts breached by 'Scattered Spider' hackers: sources [Article Link](https://www.reuters.com/technology/moodys-says-breach-mgm-is-credit-negative-disruption-lingers-2023-09-13/) - The group, Scattered Spider (UNC3944), is given credit for the attack - Caesars Entertainment had been attacked with ransomware recently - They paid the ransom - Shares of Caesars Entertainment and MGM both fell as a result of the attack on MGM - Used social engineering to obtain login credentials or one-time-password codes - Likely a ransomware attack - Recommends that other casinos should be on high alert watching for hackers trying to cash in on the hype while the attack is in recent memory ### Forbes - 2 Casino Ransomware Attacks: Caesars Paid, MGM Did Not [Article Link](https://www.forbes.com/sites/suzannerowankelleher/2023/09/14/2-casino-ransomware-attacks-caesars-mgm/) - Caesars was attacked only weeks before MGM - MGM's website and mobile app offline for nearly four days - Cyberattacks up over 150% globally in the second quarter of 2023 compared to the first - The group ALPHV/Black Cat claimed responsibility for MGM attack - The group Scattered Spider is affiliated and hit Caesar's - The social engineering attack took 10 minutes to execute - The MGM company support desk was called after an MGM tech employee was identified on LinkedIn. - Caesar's attack was also social engineering - "Threat actors often determine a ransom sum after researching a company’s financial documents, going so far as to determine its insurance coverage limit beforehand." - Reputation is important to these types of groups, so if ransom is paid, the attackers typically live up to their promises. - Conversely, giving them the money encourages more attacks - As of the time of writing (September 14th) the MGM Resorts website had been down for about 85 hours.